When my neighbor’s house sells, will their price determine my assessment?
Not necessarily. As explained in the previous question, sales are analyzed town-wide. An example of what could be relevant is if there were several sales in an area indicating that the assessments were too low compared to the sales prices.

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1. What is mass appraisal?
2. What is market value?
3. How often does the valuation of properties change?
4. When my neighbor’s house sells, will their price determine my assessment?
5. How is the calendar year different from the fiscal year?